Credit Analyst

Job description

Position Overview:

To join our vibrant team, we are looking for a qualified and experienced loan credit analyst. The ideal applicant will be well-versed in risk mitigation, financial data analysis, and loan application evaluation. As a credit analyst, you will be essential in assessing loan applicants’ creditworthiness and making sure that company and legal standards are met.

Responsibilities:

Examine loan applications and determine applicants’ financial standing.
To ascertain loan eligibility, examine income records, credit reports, and other pertinent data.
Determine debt ratios, appraise collateral, and determine general risk indicators.
Get in touch with candidates to resolve any questions or to obtain more information.
Work together with other departments to guarantee accurate and fast loan processing.
Keep up on underwriting best practices, laws, and industry developments.

Requirements

Diploma in Finance, Business Administration, or related field.
Proven experience as a Loan Underwriter or similar role in the financial services industry.
Strong analytical skills and attention to detail.
Excellent communication and interpersonal skills.
Ability to work efficiently in a fast-paced environment.
Proficiency in Microsoft Office suite and loan underwriting software.
Knowledge of regulatory requirements and industry standards